Bitcoin is 15K today and you want to invest $50. If you had put these $50 in Bitcoin early this year that would have been a good investment. Anyway, it's not too late, you could still invest in bitcoin and get good profits. If you want to invest in altcoins, you can choose from Ethereum, Dash, Litecoin and many more. Any of these will bring gains, just buy and hodl for some time.
Why would you buy Litecoin right now when it's just recently pumped? Terrible timing.
Instead of buying random big names, look up the roadmaps and check for upcoming news and implementations. Waves will go from $8 to $20~40 next week with the new wallet, mainnet and DEX rolling out.
And you want to put money into a coin that is already pumped? Hodling is fine, but when you're buying you should find the best entry and not just buy random things.
I agree with you I'm holding waves since June, this is a potential coin and I will not sell anything here. So don't forget about Waves this very huge in the coming weeks.